for sale or lease tamarac...for sale or lease tamarac corporate headquarters 10151 nw 67th street...

F O R S A L E O R L E A S E

TAMARACCORPORATE HEADQUARTERS

1 0 1 5 1 N W 6 7 T H S T R E E T • T A M A R A C , F L 3 3 3 2 1

SUPERSUPERCLEAN!CLEAN! PHARMACEUTICAL QUALITY BUILD -OUT

A N T I - V I R A L & A N T I - B A C T E R I A L ( W A S H E D 3 T I M E S D A I LY )

RARE IN-FILL DISTRIBUTION WAREHOUSE OPPORTUNITYCBRE, as exclusive representative, is pleased to present the opportunity to acquire the Tamarac Corporate Headquarters. The property, located in the top - Class A rated warehouse district in West Fort Lauderdale, features ±35,563 SF of manufacturing/distribution space situated on ±2.19 acres of land just minutes away from all major highways and airports. Built in 2003, this building features ±5,600 SF of Class A open office space with two newly renovated lunch rooms, multiple private office and conference rooms, four bathrooms and an administration area. This facility includes 57 parking spaces, is 100% sprinklered, 100% air conditioned, and 26’ clear with racks going 5 high. One grade level door (18’ x 18’) and two recessed dock doors (21’ x 18’) with pit levelers are situated on a large dock plat-form which allows for easy distribution. The property is OSHA compliant and fully equipt with water drains and air lines throughout. Heavy 3 phase electric with 1800 AMPS at 480 Volt 3 Phase and is capable of running a large manufacturing operation. The property also includes pharmaceutical grade areas and equipment.

If operating in the pharmaceutical, OTC, Nutraceutical, Cosmeceutical or CBD / Hemp / Cannibis industries and your business requires a top-class FDA compliant manufacturing, R&D, analytical lab, distribution and administration plant all in one, this building has it all. Ex-pertly designed with the ability to integrate for individual production needs for prescription drugs, over the counter drugs, vaccines, drug validation and testing, anti-viral testing and manufacturing, dietary supplements and cosmetics, this building presents an even greater benefit to any company given special initiatives from the President’s “Operation Warp Speed” to produce vaccines to help fight Corona-virus, otherwise known as Covid or Covid-19. The building is located in sunny South Florida which is a “will to work state” with the ben-efits of zero-income tax ,as well as other tax/financial benefits to owners. Centrally located to Miami, Fort Lauderdale, Boca Raton, and West Palm Beach with the key location next to 4 major highways and 3 major airports there is no other business opportunity like this in the nation.

Asking Price: $7,621,535 ($215 PSF)

Asking Rate: $15.00 PSF NNN

P R O P E R T Y O V E R V I E W

PROPERTY ADDRESS

10151 NW 67th Street, Tamarac, FL 33321

PARCEL NUMBER 494107120010

TOTAL BUILDING SIZE ±35,563 SF

OFFICE ±5,600 sf

LOT SIZE ± 2.19 Acres (Per County Records)

YEAR BUILT 2003 (Per County Records)

CLEAR HEIGHT ±26’ with racks going 5 high

ZONING LI - 1

LOADING One (1) grade level drive in (18’ x 18’) and two (2) recessed dock doors (21’ x 18’) with pit levelers and trailer anchors• Double wide & Double tall loading

doors• Automatic door lifts

PARKING RATIO 1.61 / 1,000 sf

TAXES $76,884.16 (2018)

WINDOWS Double Height Impact Glass throughout

ROOF Original (2003)

FOUNDATION 10 in. Concrete slab with reinforced wire mesh moisture barrier

MCNAB ROADMCNAB ROAD

NW 67TH STREETNW 67TH STREET

HIA

TUS

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HIA

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ROAD

NO

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C A P I TA L I M P R O V E M E N T S ( S I N C E 2 0 1 5 )

SPRINKLERS Two (2) eight (8) inch water lines feed the new sprinkler system

WIRING CAT 6 Ethernet Wiring

OFFICE AREA Offices fully renovated, lunchrooms, executive offices and conference room

ACCESS RFDI key card locks on all doors (FOB access)

WAREHOUSE Warehouse walls painted / floor is quartz densified and polished

SECURITY Extensive security camera system and alarm system

FIRE/LIFE SAFETY New fire control panel. New life safety equipment throughout.

AIR CONDITIONING 12 total AC units servicing 100% of the building• 4- service the office space (reconditioned)• 6 - New HEPA HVAC Units• 2 - New HEPA Pharmaceutical Grade Units

100% fresh air

LIGHTING LED Motion Sensor Lights

PRODUCTION AREA • Pharmaceutical production area has fresh air with positive pressure

• Each production room has its own air-pres-sure system, air lines, water lines, electrical, dust collection unit and floor drain

• Air pressure system separating the ware-house and production manufacturing area

• 3/4 inch pharmaceutical grade epoxy flooring with drains in each room for easy drainage.

• Each room is equipt with BESAM PHARMA Doors

POWER 1800 AMPS at 480 Volt 3 phase power

8/14/2019 368405

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independentinvestigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are theproperty of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

CUTLER BAY

KENDALL

NORTH MIAMI

HOMESTEAD

HIALEAH

MIAMI BEACH

TAMARAC

HOLLYWOOD

SUNRISE

DAVIE

BOCA RATON

POMPANO BEACH

LANTANA

BOYNTON BEACH

DEERFIELD BEACH

DELRAY BEACH

HOBE SOUND

RIVIERA BEACH

LOXAHATCHEE

WEST PALM BEACH

TAMIAMIMIAMI

FORT LAUDERDALE

MIRAMAR

PARKLAND

826

869

29

821

80

1

27

98

27

41

441

1

75

95

75

595

95

DRIVE TIME

••0 52.5 Miles

10151 NW 67th Street

60-75 Minutes

45-60 Minutes

30-45 Minutes

15-30 Minutes

0-15 Minutes

Drive Time(Light Traffic)

6,075,392

5,623,194

3,890,270

1,869,859

325,287

PopulationWithin

A D D I T I O N A L P H O T O S

D R I V E T I M E M A P

8/14/2019 368405


CUTLER BAY

KENDALL

NORTH MIAMI

HOMESTEAD

HIALEAH

MIAMI BEACH

TAMARAC

HOLLYWOOD

SUNRISE

DAVIE

BOCA RATON

POMPANO BEACH

LANTANA

BOYNTON BEACH

DEERFIELD BEACH

DELRAY BEACH

HOBE SOUND

RIVIERA BEACH

LOXAHATCHEE

WEST PALM BEACH

TAMIAMIMIAMI

FORT LAUDERDALE

MIRAMAR

PARKLAND

826

869

29

821

80

1

27

98

27

41

441

1

75

95

75

595

95

DRIVE TIME

••0 52.5 Miles


60-75 Minutes

45-60 Minutes

30-45 Minutes

15-30 Minutes

0-15 Minutes


6,075,392

5,623,194

3,890,270

1,869,859

325,287

PopulationWithin

8/14/2019 368405


CUTLER BAY

KENDALL

NORTH MIAMI

HOMESTEAD

HIALEAH

MIAMI BEACH

TAMARAC

HOLLYWOOD

SUNRISE

DAVIE

BOCA RATON

POMPANO BEACH

LANTANA

BOYNTON BEACH

DEERFIELD BEACH

DELRAY BEACH

HOBE SOUND

RIVIERA BEACH

LOXAHATCHEE

WEST PALM BEACH

TAMIAMIMIAMI

FORT LAUDERDALE

MIRAMAR

PARKLAND

826

869

29

821

80

1

27

98

27

41

441

1

75

95

75

595

95

DRIVE TIME

••0 52.5 Miles


60-75 Minutes

45-60 Minutes

30-45 Minutes

15-30 Minutes

0-15 Minutes


6,075,392

5,623,194

3,890,270

1,869,859

325,287

PopulationWithin

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IQ FORMULATIONS10151 NW 67TH STREET

TAMARAC, FL 333214941 07 12 0010

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THIS DOCUMENT IS PROPERTY OF RON BARR ARCHITECTAND NO PART HEREIN SHALL BE USED EXCEPT FOR THESPECIFIC PROJECT WITHOUT CONSENT OF RON BARRARCHITECT

THIS DOCUMENT WAS PREPARED BY RON BARR ARCHITECTACCORDING TO THE TERMS OF THE GENERAL CONDITIONS OFTHE CONTRACT FOR CONSTRUCTION. THIS DOCUMENT DOESNOT EITHER IN WHOLE OR IN PART CONSTITUTE ANYDIRECTION OR INSTRUCTION TO ANY CONTRACTOR WITHREGARDS TO CONSTRUCTION MEANS, METHODS ORTECHNIQUES BY THIS DOCUMENT THE ARCHITECT DOES NOTINTEND TO EXPRESS ANY OPINION, DIRECTION ORINSTRUCTION OF ANY KIND WHATSOEVER AS TO THE MANNERIN WHICH THE CONSTRUCTION WORK IS TO BEACCOMPLISHED.

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5011 South State Road 7, Suite #107, Davie, Florida 33314AA# 26003152

BARR ARCHITECTURE, INC.

architecture ● construction management ● planning ● interiors

architects ● general contractorsThe Design-Build Team

p.954 418 BARR f. 954 212 2962

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F L O O R P L A N

BROWARD COUNTY, FLORIDAThe region’s strong ties to Latin America, supported by access to three major airports and a thriving port, is the reason why many of these companies call Broward County home:

• City Furniture• Unipharma• Sunnys Car Wash• Larson Cando Enterprises• Medical Optics• Nestle

L O C AT I O N

Located in Tamarac, FL the property has easy access to Sawgrass Expressway, I-595 and the Florida Turnpike. This facility is just north of Commercial Blvd. and just east of Hiatus Road.

N

I N D U S T R I A L M A R K E T

BROWARD COUNTYAccording to the Bureau of Labor Statistics, the unemployment rate for May 2019 was 3.0%, a 20 bps decrease year-over-year for the Broward County area. The Broward County market saw the creation of 11,200 non-farm jobs over the past year, with industrial-using industries adding 1,500 jobs over the same period. In addition, the rise of e-commerce continues to encourage development of modern distribution space to meet the demand of same-day delivery. Developers will need to remain diligent in delivering class A product to enable swift distribution of goods.

Submarket Total Inventory (SF)

Total Vacancy

(%)

Total Availability

(%)

Q2 2019Net Absorption

(SF)

2019 YTD Net Absorption

(SF)

Under Construction

(SF)

Avg. Asking Lease Rate ($/SF/IG)

Central Broward 15,713,511 2.2 3.7 9,406 (34,218) 54,791 9.03

Coral Springs 5,601,552 13.1 14.0 3,697 (473,127) 0 6.99

Northeast Broward 10,925,477 5.6 6.4 44,209 57,970 0 8.75

Pompano 22,412,309 2.4 5.9 (9,740) (4,122) 656,344 8.13

Southeast Broward 18,265,585 3.5 5.8 17,200 23,131 690,414 9.11

Southwest Broward 17,481,743 6.0 10.6 189,571 494,058 695,613 8.38

West Sunrise 5,709,356 5.7 8.0 0 23,940 45,600 8.34

Total 96,109,533 4.4 7.0 254,343 87,814 2,142,762 8.32

Industry Product Totals:

Warehouse/Dist 77,323,638 7.3 4.7 224,085 38,157 1,838,966 8.10

Manufacturing 6,595,732 8.3 6.4 0 12,538 249,005 7.58

R&D/Flex 12,190,163 4.5 1.4 30,258 37,119 54,791 13.63

Market Highlights• Broward County’s industrial vacancy

rate increased 50 bps year-over-year to end Q2 2019 at 4.4%.

• 3.9 million sq. ft. of industrial product is expected to deliver in the Broward County market within 24 months.

• Broward County’s unemployment rate decreased 20 bps year-over-year to 3.0% since May 2018.

• Bridge Point Riverbend sold at $172 PSF for a total price of $38.2 million.

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

MARKETING ADVISORSLARRY GENET

Senior Vice President+1 305 807 0004

[email protected]

JAKE ZEBEDECaptial Markets Associate

+1 305 975 [email protected]

MARKET LEASINGTOM O’LOUGHLIN


[email protected]

MICHAEL ORETSKYAssociate


DEBT & STRUCTURED FINANCEPAUL AHMED


[email protected]

MACKENZIE FRYFinancial Analyst


C O N TA C T U SINTERESTED PARTIES ARE REQUESTED

TO DIRECT ALL COMMUNICATION REGARDING THE PROPERTY TO:

for sale or lease tamarac...for sale or lease tamarac corporate headquarters 10151 nw 67th street...

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